YEARLY HIGH
1.0453 MOP
YEARLY LOW
0.9191 MOP
YEARLY AVERAGE
0.9715 MOP

2017 NOK to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 1.0453. Conversely, the yearly low was recorded on May 4, dropping to 0.9191.

This high-to-low spread represents a total annual volatility of 0.1263 MOP. From a start-to-finish perspective, comparing the January average rate of 0.9438 to the December average rate of 0.9684, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0453 was up 4.47% compared to the 2016 peak of 1.0006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 5,227 MOP
2016 Average 4,762 MOP
Yearly Trough Low 4,595 MOP
Transaction Impact: A difference of 631.33 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0382
0.9231
JanuMarcMayJulySeptNove

NOK to MOP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.9446, compared to 0.9983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0537 points.

H1 Avg (Jan–Jun) 0.9446
H2 Avg (Jul–Dec) 0.9983

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0619 MOP (High: 1.0190 / Low: 0.9571). On the other end, April was the most stable month, with a tight range of 0.0170 MOP (High: 0.9403 / Low: 0.9233).

July Spread (Volatile) ±0.0619
April Spread (Stable) ±0.0170

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0235 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.0201) against the same month in 2016 (average: 0.9622), the exchange rate shifted by +0.0579 (+6.01%).

2017 Avg (August) 1.0201
2016 Avg (August) 0.9622

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9651 0.9233 0.9438
February 0.9740 0.9514 0.9596
March 0.9491 0.9245 0.9396
April 0.9403 0.9233 0.9327
May 0.9617 0.9191 0.9430
June 0.9613 0.9406 0.9488
July 1.0190 0.9571 0.9852
August 1.0453 1.0076 1.0201
September 1.0424 1.0102 1.0286
October 1.0200 0.9823 1.0056
November 0.9896 0.9621 0.9821
December 0.9796 0.9558 0.9684